4175 Merritt Blvd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2017 | Listed by Peak Properties | $729,000 | |
| Listed by Peak Properties | |||
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Welcome to this spacious 3 bedroom 2 full bath La Mesa charmer. The property sits on a half acre with covered RV parking and a great storage garage with endless possibilities. The home features an open layout. The kitchen has new cabinetry, granite countertops and SS appliances. The master bathroom features dual vanities a separate shower and soaking tub overlooking Mt Helix. Don’t mis this opportunity. Neighborhoods: La Mesa Highlands Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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| Apr 24, 2017 | Sold | ||
| Sold | |||
| Mar 9, 2017 | Listed by Cowles Mountain Realty | $530,000 | |
| Listed by Cowles Mountain Realty | |||
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About La Mesa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017